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In re Thomas

In re Thomas

Ruling
Confirmation denied as not proposed in good faith due to insufficient contribution of net monthly income to unsecured creditors.
Procedural posture

Debtor filed a petition under chapter 13 of the Bankruptcy Code and proposed a plan for repaying his creditors that excluded Social Security income ("SSI") he was receiving from his projected disposable income ("PDI") and paid a zero dividend to his unsecured creditors. A trustee who was appointed to administer the debtor's bankruptcy plan filed an objection to the plan.

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Consumer opinion summary, case decided on December 29, 2010 , LexisNexis #0211-098